Technical analysis: . StatusNetworkToken/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 42.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000505 to 0.00000460). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000505) Ending of entry zone (0.00000460)
Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00000582 TP2= @ 0.00000646 TP3= @ 0.00000710 TP4= @ 0.00000880 TP5= @ 0.00001008 TP6= @ 0.00001375 TP7= @ 0.00001672 TP8= @ 0.00001980 TP9= @ 0.00002390 TP10= @ 0.00002928 TP11= @ 0.00003740 TP12= Free
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